Bethex Credit Union

Bethex Credit Union is headquartered in Bronx and is the 151^st largest credit union in the state of New York. It is also the 3,087^th largest credit union in the nation. It was established in 1970 and as of December of 2011, it had grown to 22 employees and 4,691 members. Bethex Credit Union has a 4-star health rating.

Bethex Credit Union IRA Rates

Data for Q4 2011

Institution Statistics BETHEX NCUA # 19907 BankRate Report View Year Chartered 1970 Employees 22 Primary Regulator Assets and Liabilities Assets $27.10 million Loans $9.80 million Deposits $23.63 million Equity Capital $2.23 million Loan Loss Allowance $342,000 Unbacked Noncurrent Loans $246,000 Historic Data - December 2010 Assets $19.38 million Equity Capital $1.31 million Loan Loss Allowance $235,000 Unbacked Noncurrent Loans $189,000 Profit Margin - Quarterly Net Interest Margin 7.01% Return on Assets 3.41% Return on Equity 41.41% Interest Income $830,000 Non-Interest Income $2.28 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bethex Credit Union had $246,000 in non-current loans and owned real-estate with $2.58 million in equity and loan loss allowances on hand to cover it. This gives Bethex Credit Union a Texas Ratio of 9.55% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bethex Credit Union decreased slightly from 12.23% as of December 31, 2010 to 9.55% as of December 31, 2011, resulting in a positive change of 21.88%.This indicates that the balance sheet and financial strength for Bethex Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Bethex Credit Union has increased its total deposits by $7.14 million, resulting in 43.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bethex Credit Union has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bethex Credit Union has $27.1 million in assets with $2.58 million in equity, resulting in a capitalization level of 9.51%, which is average.

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